business news

HTC set to make comeback with metaverse smartphone, here’s what we know

HTC set to make comeback with metaverse smartphone, here's what we know

After being absent from the smartphone market that it once dominated, HTC is all set to make a comeback with a metaverse-powered smartphone on June 28. While the first decade and a half of the century saw HTC go toe-to-toe in a competitive market battling the likes of Apple, Samsung, OnePlus and Xiaomi, the Taiwanese …

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Recession-fearing investors keep slashing fastest-growing cloud stocks

Recession-fearing investors keep slashing fastest-growing cloud stocks

Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in New York on Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Tech investors finally got some relief this past week, as the Nasdaq broke a seven-week losing streak, its worst stretch since the dot-com bust …

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VPN use in Russia is surging as government tightens internet control

VPN use in Russia is surging as government tightens internet control

Russia has tightened its control over its internet. Authorities have blocked access to Meta-owned Facebook and restricted access to Twitter. Nurphoto | Getty Images Russians are turning to virtual private networks to bypass the country’s tightening internet controls following the invasion of Ukraine. VPNs can mask an internet user’s identity and location to help them …

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Microsoft withdraws Internet Explorer and ends support

Microsoft withdraws Internet Explorer and ends support

Microsoft Corp. Chairman Bill Gates announces a new version of Microsoft Internet Explorer for Windows XP and that Microsoft would include Windows AntiSpyware technology at no extra charge, during his keynote address at RSA Conference 2005 in San Francisco, Tuesday, Feb. 15, 2005. The two new enhancements will lead to safer Web browsing according to …

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Cable companies to offer effectively free internet to low-income homes

Cable companies to offer effectively free internet to low-income homes

Vice President Kamala Harris during an event on high-speed internet access. Kent Nishimura | Los Angeles Times | Getty Images The Biden administration said it secured commitments from 20 internet service providers to either reduce prices or increase speeds to serve low-income households, according to a White House press release published Monday. The news means …

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Supreme Court ruling that changed TV’s future, and maybe the internet

Supreme Court ruling that changed TV's future, and maybe the internet

Chet Kanojia, chief executive officer and founder of Aereo Inc. Adam Jeffery | CNBC In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. It’s one of my favorite moments in the history of the Disruptor 50 list. Tuesday, June 17, 2014. Aereo, a start-up …

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Comcast Q4 2021 earnings

Comcast Q4 2021 earnings

Comcast reported fourth-quarter earnings Thursday that beat analyst estimates on the top and bottom line, but missed on high-speed internet customer net additions. Shares fell 0.9% Thursday. They initially rose on the report but fell as much as 6% in premarket trading during the company’s earnings call. Here are the key numbers: Earnings per share: …

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SpaceX’s Starlink surpasses 400,000 subscribers globally

SpaceX's Starlink surpasses 400,000 subscribers globally

A Starlink satellite terminal, also known as a dish, setup in front of an RV. SpaceX Elon Musk’s SpaceX told federal regulators in a presentation last week that its Starlink satellite internet service now has over 400,000 subscribers around the world. The disclosure indicates the company is steadily growing subscribers for the service, which began …

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Amazon signs rocket deal with Blue Origin, Arianespace, ULA for Project Kuiper internet satellites

Amazon signs rocket deal with Blue Origin, Arianespace, ULA for Project Kuiper internet satellites

Artist renderings of the companies’ rockets, from left to right: New Glenn, Vulcan Centaur, and Ariane 6. Blue Origin / United Launch Alliance / Arianespace COLORADO SPRINGS, Colo. – Amazon on Tuesday announced what it says is the biggest rocket deal in the commercial space industry’s history, signing on with three companies for up to …

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Amazon takes on SpaceX in the satellite internet with Project Kuiper

Amazon takes on SpaceX in the satellite internet with Project Kuiper

Amazon has a plan to deliver internet from space using 3,236 small satellites in low Earth orbit. It’s called Project Kuiper. In April, the company signed a multibillion-dollar contract — the largest rocket deal in the history of the commercial space industry — for launches of its Kuiper satellites with three different entities: Jeff Bezos’s …

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